IN some ways we do but it is not all the way true because the government does not sure that information with us.
Trade deficit
The USA has a trade deficit.
The US has a trade deficit with China. That means China sends the US goods worth worth more money than those the US sends China.
The Bureau of the Census records indicated that in 2004, the United States had a trade deficit with each of its four largest trading partners.
The United States has a high trade deficit with a number of countries. It has the highest trade deficit with China, at about 27 million dollars of debt.
Yes. Most of the time the US has a trade deficit with Mexico.
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
Yes. The North American Free Trade Agreement (NAFTA) guarantees that most goods and services between Mexico and the United States (and Canada as well) flow among the three partners without any additional burdens, such as import duties or taxes.
The United States began experiencing a serious trade deficit.
If you take Mexico out of the equation, balance would be positive by about US$ 11.4 billion. This is because trade with Mexico is larger that the trade with the rest of all Latin America combined:US-Central and South America Trade (2012):exports: US$ 183,187.8 millionimports: US$ 171,780.5 millionbalance: US$ 11,407.3 millionUS-Mexico Trade (2012)exports: US$ 215,931.2 millionimports: US$ 277,569.8 millionbalance: US$ -61,638.6 million
The United States' surplus in international trade ended in 1983.
either surplus or deficit :p